News with the tag "Bedrock"

On Sept. 27, Bedrock, a liquidity staking platform, experienced a security breach affecting $2 million in liquidity. Bedrock said it has taken steps to address the incident, including integrating with Chainlink for proof of reserves and implementing additional security measures. Exploiter Addresses ...

A liquid staking protocol says that bad actors made away with millions of dollars worth of crypto assets after hacking into the decentralized finance (DeFi) platform. In a new announcement on the social media platform X, Bitcoin (BTC) restaking project Bedrock says that they’ve been exploited for $2...

Bedrock DeFi was hacked for $1.7M, while researchers prevented wider contagion of Pendle and Corn by stopping the vulnerable smart contract.

Despite losing $2 million in a smart contract exploit, Bedrock offered the hacker a role to help secure its protocol and recover stolen funds.

Bedrock has confirmed a security breach involving uniBTC, a synthetic Bitcoin token used in decentralized finance (DeFi). The post Bedrock Suffers $2M Loss in Security Exploit; Reimbursement Plan Underway appeared first on TheCoinrise.com .

Bedrock says the root cause of the exploit has been “handled” and reassured users that all remaining assets were safe.

Bedrock Suffers $2 Million Exploit, Pauses Contracts and Plans Token Airdrop for Affected Users Bedrock, an Ethereum liquid staking platform, has announced that it recently fell victim to a $2 million exploit involving its uniBTC token, according to an official statement on the platform’s Telegram c...

In a turn of events surrounding the recent turmoil within OpenAI’s leadership, Geoff Lewis, founder of Bedrock Capital and an investor in the organization, has ignited controversy by casting doubts on the patriotism of a former OpenAI board member, Helen Toner. Without providing concrete evidence, L...

Sequencers creating and submitting compressed summaries of transactions on Optimism and Arbitrum to the Ethereum mainnet have seen their revenue grow in the last year due to increased L2 adoption.

Optimism's Bedrock upgrade has revolutionized the platform, attracting users, boosting TVL, and propelling it closer to its Superchain vision.